insurance policy

American  

[in-shoor-uhns pahl-uh-see, in-shur-uhns] / ɪnˈʃʊər əns ˌpɑl ə si, ɪnˈʃɜr əns /

noun

plural

insurance policies

1. a contract with an insurer, specifying the types of losses or expenses to be covered and the conditions that apply.

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Example Sentences

The cost is expected to be covered under its insurance policy and the company said it expects an orbital launch every month or two this year.

From The Wall Street Journal • Apr. 19, 2026

“The moment you say ‘I’m buying it’ and you send over a deposit or money, that insurance policy should start,” Fix said.

From MarketWatch • Apr. 10, 2026

As for the payouts themselves, in the case of a traditional life insurance policy, you will usually receive your payment in one lump sum.

From Salon • Mar. 24, 2026

The 51-year-old eventually opted for the private sector when changes in her husband's work health insurance policy meant she was covered and could afford the £20,000 treatment.

From BBC • Mar. 15, 2026

He had to sell his life insurance policy for the money, and then he moved with his wife and children to Denmark to live with her family.

From "Vincent and Theo: The Van Gogh Brothers" by Deborah Heiligman